Oil rig news

The rig has been named the "IMI-2030".

The well was drilled with a floating jack-up rig Neptune, mounted on a riser block platform.

The agreements will be awarded to Aker Solutions AS, Axess AS, Oceaneering Asset Integrity AS and IKM Operations AS, taking effect from 1 January 2020.

The company has announced a major rig fleet expansion programme to support its upstream growth plans and enable the delivery of its 2030 Smart Growth Strategy.

The Mærsk Developer semi-submersible rig is expected to begin operating offshore Trindad and Tobago for BG International Ltd in 1Q20.

Drilling operations at the TLP-103C-ST well offshore the Republic of the Congo could commence either in 1Q20 or 2Q20, dependent on the rig’s current commitments.

The subsea robotics specialist is set to add to its ranks at its Middle East base due to a rise in demand for its services following a successful first year in the region.

Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.

Safe and continual performance of lifting equipment crucially depends on minimising risk through improved resilience to failure

The company’s latest research reveals that the West of Shetland (WoS) area retains the attention of major exploration and production (E&P) players in the region.